Hong Kong media mogul Run Run Shaw has agreed to sell his controlling 26% stake in the territory’s leading broadcaster TVB for a reported $1.28 billion. The 102-year-old Shaw, who is a legend in the ...
Television Broadcasts Ltd.’s 104-year-old co-founder Run Run Shaw will retire as chairman after more than 40 years at Hong Kong’s biggest television company. Shaw will step down Dec. 31 and be ...